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Bangladeshi local woven fabrics market share in RMG export declining

Related Keywords: Bangladesh textile industry, Local woven fabric, RMG export

In the last fiscal RMG export was more than $20 billion and the current fiscal target is $23 billion but local woven contribution is not increasing, according to the textile industry sources. As per data available from different sources, the local millers could meet 35 per cent demand four years back when export for overall readymade garment was less than $16 billion.

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